marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

US Ethanol Could Fuel Methanol-Ready Ships, Study Finds

US Ethanol Could Fuel Methanol-Ready Ships, Study Finds

Ship Breaking: Dry Bulk Scrapping Falls 18-year Low

Ship Breaking: Dry Bulk Scrapping Falls 18-year Low

Insights: Ståle Hansen, CEO, Skuld

Insights: Ståle Hansen, CEO, Skuld

Sealartec Wins USCG Contract to Test Autonomous LARS

Sealartec Wins USCG Contract to Test Autonomous LARS

Subscribe for Maritime Logistics Professional E‑News

Volkswagen recalls 4 million cars, Handelsblatt reports
Alaska LNG savings justify billions of investment, developer claims
Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash